Signing for Debit Card Purchases Can Now Mean Big Rewards with Citibank

New Checking Account Promotion Provides Five Percent Cash Back Bonus for Signature Debit Purchases

Jun 02, 2010, 08:03 ET from Citigroup

NEW YORK, June 2 /PRNewswire-FirstCall/ -- Signing on the dotted line has never been quite as rewarding as it is now with the launch of Citibank's (NYSE: C) new checking account promotion.  Customers who open a new, qualifying checking account are eligible to receive 5 percent cash back on signature debit card purchases through November 30. Now, your everyday activities such as buying groceries, filling up your gas tank, or shopping at your favorite store can earn money back when you sign for those purchases using your Citibank Debit MasterCard®.

"With the rising popularity of debit card usage, this promotion is our way of giving new checking customers even more value for what they are already doing everyday – by simply signing for debit card purchases," said Brad Dinsmore, Head of Retail Banking, North America Consumer Banking, Citi.  "This is a simple way for our new customers to get real value from choosing to bank with Citibank, whether they come to us for a personal or business account."  

The opportunity to get 5 percent cash back on qualifying signature debit card purchases is available to new customers opening eligible Citibank personal or business checking accounts between now and July 9, 2010.  During the six-month promotion Citi will automatically deposit a cash bonus – up to the maximum amount of either $250 for personal accounts or $500 for business and premier personal accounts – directly back into the customer's checking account.

Participating customers can earn 5% cash back on qualifying signature purchases through November 30th including:

  • In-store purchases where they choose 'credit' and sign
  • Purchases made online, by phone or mail order
  • Low dollar-amount purchases that don't require signature

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About Citibank

Citibank is a member of Citi, the leading global financial services company, which has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at or  

SOURCE Citigroup